Hi guys, Anfibo's here!
XAUUSD Analysis – Start of the Week
Overall Picture:
As I predicted earlier, gold has skyrocketed past the $3,800/oz mark, delivering more than 700 pips of profit from the strategy I previously outlined. This is clear evidence of the strength of the prevailing bullish trend, as safe-haven flows continue to pour into gold amid ongoing global economic uncertainties.
Looking ahead to this week, the outlook remains in favor of the bulls. If no adverse news emerges, I believe gold is highly likely to continue its breakout and challenge the $3,880/oz level – the next key resistance zone.
Technical Outlook:
Short-term trend: Strong increase, momentum remains stable on H4 and Daily frames.
> SUPPORT KEY / BUY ZONES : 3800- 3787 - 3750 - 3723 - 3713 - 3703
> RESISTANCE KEY / SELL ZONES : 3825 - 3835 - 3865 - 3880
Here's my Trading Plan today:
>>> SELL ZONE:
ENTRY: 3834 - 3836
SL: 3840
TP: 3800 - 3790
>>> BUY ZONE:
ENTRY: 3790 - 3800
SL: 3780
TP: 3825 - 3835 - 3865
Risk Management:
- Prioritize buy trades in line with the dominant trend, limit countertrend shorts.
- Maintain a R:R ratio of at least 1:2 on all setups.
- Manage capital strictly, avoid overtrading during sideways phases before breakout.
HAVE A GREAT WEEK, GUYS!!!
Overall Picture:
As I predicted earlier, gold has skyrocketed past the $3,800/oz mark, delivering more than 700 pips of profit from the strategy I previously outlined. This is clear evidence of the strength of the prevailing bullish trend, as safe-haven flows continue to pour into gold amid ongoing global economic uncertainties.
Looking ahead to this week, the outlook remains in favor of the bulls. If no adverse news emerges, I believe gold is highly likely to continue its breakout and challenge the $3,880/oz level – the next key resistance zone.
Technical Outlook:
Short-term trend: Strong increase, momentum remains stable on H4 and Daily frames.
> SUPPORT KEY / BUY ZONES : 3800- 3787 - 3750 - 3723 - 3713 - 3703
> RESISTANCE KEY / SELL ZONES : 3825 - 3835 - 3865 - 3880
Here's my Trading Plan today:
>>> SELL ZONE:
ENTRY: 3834 - 3836
SL: 3840
TP: 3800 - 3790
>>> BUY ZONE:
ENTRY: 3790 - 3800
SL: 3780
TP: 3825 - 3835 - 3865
Risk Management:
- Prioritize buy trades in line with the dominant trend, limit countertrend shorts.
- Maintain a R:R ratio of at least 1:2 on all setups.
- Manage capital strictly, avoid overtrading during sideways phases before breakout.
HAVE A GREAT WEEK, GUYS!!!
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
